TEXAS: COLLEGE STATION
College Station’s relatively low housing costs could be beneficial to someone on a fixed income. Home values crept up by about 2 percent year over year, while rents got cheaper.
Texas is one of the handful of U.S. states that don’t have a state income tax. Nor does it tax Social Security benefits. However, Texas has a notable drawback: It has the nation’s sixth-highest property tax rate.
UTAH: PROVO
Although both the median home value and rent cost are relatively high in Provo, it seems that rent prices have started to take a dip. They dropped 0.30 percent over the last quarter.
VERMONT: RUTLAND
The median home price in Rutland is almost $50,000 less than the national median, and the housing market is stable, making it a safe place for someone on a fixed income to buy a home. Home values increased 2 percent year over year.
